GLOBAL BUSINESS heritage ANALYSIS

Global Business Cultural Analysis



Global Business Cultural Analysis

INTRODUCTION

Mexico is established south of the United States and north of Guatemala. Mexico makes up the whole south boundary of the United States where they are split up by the Rio Grande River. The east is bordered by the Gulf of Mexico, while the west coast boundaries the Pacific Ocean. Mexico is three times the size of the state of Texas. "According to the authorized 2000 census, Mexico's community is 97.4 million"( www.hlbi.com). Moreover, Mexico is a territory very distinct from its largest trading colleague, the United States of America. For example, Mexico is still, in many values, underdeveloped. And it has skilled slow, gradually expanding economic growth. For instance, Mexico now allows foreign investment in telecommunications, natural gas, airports, and other foremost sectors. Furthermore, Mexico boasts the promise investor a precious overview of Mexico's financial weather, business opportunities, and the lawful and tax environment. Indeed, if we desire to perform business in Mexico, we need to analyze the country's promise as a host for worldwide business. Thead covering is, we need to investigate the cultural, political, legal, and financial scheme of the country. Then, we need to consider the suitability of the country as a Market.

CULTURAL ANALYSIS

B. Values and Attitudes

Values are important to enterprise because they affect a people's work ethic and yearn for material possessions. For instance, in the U.S., employees are more likely to inquiry conclusions that might be deemed unethical, whereas in Mexico, employees might accept managerial decrees despite of the ethical implication of the decision. (marketing.byu.edu) Mexico is a highly masculine culture. That is, enterprise practices that foster more identical treatment of men and women are less likely to live in a highly masculine heritage like Mexico. Thus, identical pay for identical work, sexual harassment principles, identical division of work and so on are less expected in Mexico than in the U.S.

Attitudes toward Work

Mexicans are inclined to glimpse work as a essential evil and a means to an end, which is supplying for one's family (McCann, 1970). The Mexican heritage tends to worth leisure more highly than work (Kras, 1989). Thus, Mexicans generally work to reside, unlike Americans who live to work. Moreover, the Mexican supervisor resents being admonished for his behavior or having his work admonished, especially in public. Such criticism is examined as a signal of disrespect and is regarded as a decrease of face. Mexicans are inclined to bypass individual competition, in favor of peace and harmony at work.

Attitudes toward Time

Punctuality is not a main concern in the Mexican business culture. In Mexico, it is widespread knowledge that when an appointment is set at 8:00 pm, it actually means 8:30 to 9:00 pm. However this occurs more often in informal or personal meetings than in business. Thus Mexico has much more flexible mind-set toward time, and is less obsessive about punctuality and deadlines. They location a higher worth on connections than on fixed agenda and ...